US/Aust CM Plan

Courtesy RVR > Lynas recognised yesterday at the highest levels as part of US - Aust Critical minerals Plan of Action:

• Joint Statement

28 July 2020

Secretary of State Mike Pompeo and Secretary of Defense Mark Esper hosted Minister for Foreign Affairs Marise Payne and Minister for Defence Linda Reynolds on July 28 in Washington for the 30th Australia-United States Ministerial Consultations (AUSMIN 2020).

The United States and Australia continue to prioritize close and continuing cooperation on supply-chain diversification and resilience, particularly for essential medical equipment, pharmaceuticals, critical technologies, and critical minerals. They welcomed the announcement that Lynas has signed a Phase 1 contract with the U.S. Department of Defense for an engineering and market feasibility study for the design of a heavy rare earth separation facility in the United States. Both countries remain committed to working with like-minded partners to support continued access to critical goods and services. The principals reaffirmed their nations’ openness to an open exchange of views, exploration of new approaches to diversification, and the maintenance of reliable and secure supply chains.

In particular, the Secretaries and Ministers welcomed the continued development of a U.S.-Australia Critical Minerals Plan of Action to improve the security of critical minerals in the United States and Australia. Recognizing the impact of market-distorting practices by near-monopoly suppliers of critical minerals, including attempts to drive out competitors and deter new market entrants, principals plan to progress options to support new investment in the sector to diversify supply chains, and to consider work with like-minded partners to develop international standards on critical minerals.

https://www.foreignminister.gov.au/...alia-us-ministerial-consultations-ausmin-2020

Certainly suggests high level support of Lynas actions & progress.